Calendar

Developing an Exit Plan: How to Realize the Value of Your Law Practice

It’s never too early to think about what you will do about your practice, your
clients and your files once you decide to transition from your practice. We’ll
explore the options available, whether you’re selling your practice, winding
down and closing, or bringing on a partner to facilitate retirement. We’ll
also discuss best practices for navigating ethical rules, negotiating with a
purchaser and managing the relationships of clients and referral sources. This program
is great for owners of solo or small law firms with consistent and reliable
business generation, who are interested in selling their law practice, a portion
of it, or otherwise retiring from the practice of law. Attend and learn:

How to prepare your law practice for sale

How to comply with ethical rules

Variables for calculating your firm’s value

Where to find prospective buyers

What are the critical agreement terms
and conditions

What are the alternatives to realizing the value of the firm

This program is co-sponsored
with the MBA's Law Practice Management Section, Law Office Management Assistance Program and
Social Law Library.